The BSP new Banking System implementation over the long Easter weekend experienced some technical issues that resulted in accounts reporting incorrect balances, with some reporting cash amounts removed while others reporting increases to their current amount; however, all that should be sorted very soon.
According to the BSP Financial Group Limited, the work is expected to be wrapped up by this evening or during the night.
Once that occurs, BSP advises that the issues with the incorrect balances should be sorted out, meaning that those that had amounts removed will have their amounts restored and those that had extra and went ahead to remove the extra amounts, will have their accounts debited the next pay day, but only for the extra amounts that they removed.
During this long Easter weekend saw people who reported extra amounts in their accounts, proceeding on to withdrawing the extra cash without considering the implications afterwards once the implementation of the new Banking System was done.
Those who have done so would be regretting come next pay day. Meanwhile, BSP should have an update on the implementation of the new banking system later this afternoon to inform its costumers as to how the implementation is going and when everything should be back online and service fully restored.